TrackInsight: Strong outflows from Financials All Caps Stocks

October 24, 2018

ETFs included in the Financials All Caps Stocks segment saw $ 159.2 million depart through the primary market on Tuesday, marking the 9th consecutive day of outflows and dragging the monthly cumulated figure down to $ -355.4 million. The Financials sector has recently been under pressure mainly because of the banking sector, as investors fear that a rising interest rate environment might decrease loan growth and therefore the profits of lending institutions. This is reflected in the segment’s performance, down 0.87% on Tuesday and 9.29% over 1 month. The Financials All Caps Stocks segment comprises 13 ETFs and 12 indices, with $ 12.7 billion under management.